Bitcoin mining signature, BTC Digital (BTCT)has moved $ 1 million from the company to ether (Eth)who called his new “digital gold.”
BTCT moved $ 1 million to Ethereum Reserve, Executive Director Siguang Peng said in a press release, adding that Ethereum “arose as the basis of USD’s liquidation in the chain and value transfer.”
“When obtaining an initial ETH reserve of $ 1 million of $ 1 million, and with plans to climb that position, we are positioning ourselves proactively for decentralized finances, the emission of Stablecoin and the tokenization of assets,” Peg said.
BTCT plans to grow the reservation as updates of the lifting capacity and the US rules are solidified. BTC Digital was previously a Bitcoin mining company. The firm recently said that “its 20 MW large -scale cryptocurrency mining project in Georgia has reached a significant milestone.”
The company does not affirm that if Bitcoin still plans to extract, but said it is “based on its origins in large -scale cryptographic mining, BTCT is experiencing a strategic evolution of the” hash supplier -tase “A” participant of financial infrastructure in the chain “, in the press release.
BTC Digital is Bitcoin’s second mining that is publicly marketed that is directed to an ether treasure. Earlier this month BIT Digital (BTBT) He changed his entire BTC treasure to ETH as he moved to a rethinking strategy. The movement saw its stock jump up to 30%. Since then it has been corrected in a fall of almost 20%.
Meanwhile, BTCT actions closed the negotiation session on Friday 13% higher.
Publicly known ether treasures that include the treasure bonds of decentralized autonomous organizations (Daos)Capa 2 networks and public companies currently have more than 1.34 million ETH, according to a public tracker.
